About Multiples Alternate Asset Management Private Limited
Data last updated:
Multiples Alternate Asset Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 28 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC192806. Its GSTIN is 27AAGCM0997F1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99 Lakh. It is led by directors including Renuka Ramnath (Managing Director) and Sudhir Narayanankutty Variyar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹788.17 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹263.81 Cr (net margin 33.5%) and EBITDA of ₹358.91 Cr (EBITDA margin 45.5%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 33% over five years.
The company has about 49 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Multiples Alternate Asset Management. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2010. The company has 5 MSME Form 1 returns on record between 2022 and 2023, listing 17 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multiplesequity.com.
Company details
Contact details
Multiples Alternate Asset Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is multiplesequity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address701/A Poonam Chambers B Wing Plot No. G Shivsagar Estate Dr. A B Ro, Ad Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Multiples Alternate Asset Management Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Multiples Alternate Asset Management operates one associated brand: Multiples Alternate Asset Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment partnerships, entrepreneur support, and profit-focused services in finance. | multiplesequity.com |
Business activity
The main business activity of Multiples Alternate Asset Management is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Multiples Alternate Asset Management Private Limited, buy the company report.
Financials of Multiples Alternate Asset Management Private Limited
FY 2025 filings availableMultiples Alternate Asset Management Private Limited reported revenue of ₹788.17 Cr (up 173% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 173% growth in the latest year. EBITDA rose 934% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹358.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹263.81 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.5% | ||||
| Net Profit Margin | 33.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Multiples Alternate Asset Management Private Limited, buy the company report.
Board of directors of Multiples Alternate Asset Management Private Limited
Multiples Alternate Asset Management has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hosein Khajeh Hosseiny | Director | 04 Sep 2020 | 6 Years 1 Months | Current |
| Sudhir Narayanankutty Variyar Also directs: Multiples Private Equity Fund II LLP, Maam Advisor IV LLP, Maam Business Services Management LLP and 5 more | Whole-Time Director | 24 Jun 2009 | 17 Years 4 Months | Current |
| Renuka Ramnath Also directs: Multiples Private Equity Fund II LLP, Shri Nath G Corporate Management Services LLP, Maam Advisor IV LLP and 5 more | Managing Director | 28 May 2009 | 17 Years 5 Months | Current |
| Vijay Kumar Also directs: Multiples Private Equity Fund II LLP, Multiples Equity Fund Trustee Private Limited, Multiples Good Faith Foundation and 3 more | Director | 28 May 2009 | 17 Years 5 Months | Current |
| Nithya Easwaran Also directs: Multiples Private Equity Fund II LLP, Ti Clean Mobility Private Limited, Dam Capital Advisors Limited and 5 more | Whole-Time Director | 25 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Multiples Alternate Asset Management Private Limited is audited by B D G & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B D G & CO LLP | FY 2023 | 119739W/W100900 |
Shareholding
The shareholding of Multiples Alternate Asset Management Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Multiples Alternate Asset Management Private Limited, buy the company report.
Deals & funding
Multiples Alternate Asset Management Private Limited has 1 deal on record (1 acquisition); the latest was in March 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Acquisition | ₹98 Lakh | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Multiples Alternate Asset Management Private Limited has 2 court cases on record: 2 filed by Multiples Alternate Asset Management. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Brihanmumbai Municipal Corporation | Pending |
| Bombay High Court | Writ petition | Filed by the company against Brihanmumbai Municipal Corporation | Disposed |
To see the full case history of Multiples Alternate Asset Management Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Multiples Alternate Asset Management Private Limited has 5 MSME Form 1 returns on record between 2022 and 2023, listing 17 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Euro Cars India Private Limited | |||
| Softwareone India Private Limited | |||
| Virrtu Insights LLP |
To see the full MSME payment records of Multiples Alternate Asset Management Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Multiples Alternate Asset Management has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Multiples Good Faith Foundation | U85300DL2020NPL365882 |
To see the full group structure of Multiples Alternate Asset Management Private Limited, buy the company report.
Employees & EPFO
Multiples Alternate Asset Management Private Limited has a workforce of 49 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Multiples Alternate Asset Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM0997F1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multiples Alternate Asset Management Private Limited, buy the company report.
Recent activity
Multiples Alternate Asset Management Private Limited has 5 board changes on record since 2009: 5 appointments. The latest: Hosein Khajeh Hosseiny was appointed as Director on 04 Sep 2020.
News
Frequently asked questions
Multiples Alternate Asset Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 28 May 2009 (17+ years old) and is registered under CIN U74990MH2009PTC192806.
Multiples Alternate Asset Management has 5 current directors:
- Renuka Ramnath - Managing Director
- Sudhir Narayanankutty Variyar - Whole-Time Director
- Nithya Easwaran - Whole-Time Director
- Hosein Khajeh Hosseiny - Director
- Vijay Kumar - Director
The latest financial statements of Multiples Alternate Asset Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Multiples Alternate Asset Management is 27AAGCM0997F1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Multiples Alternate Asset Management is U74990MH2009PTC192806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multiples Alternate Asset Management has 2 court cases on record: 2 filed by the company. 1 is pending.
Multiples Alternate Asset Management was incorporated on 28 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Multiples Alternate Asset Management has 1 deal on record (1 acquisition); the latest was in March 2010.
Hosein Khajeh Hosseiny was appointed as Director on 04 Sep 2020. Nithya Easwaran was appointed as Whole-Time Director on 25 Jun 2020. Sudhir Narayanankutty Variyar was appointed as Whole-Time Director on 24 Jun 2009. Multiples Alternate Asset Management has 5 board changes on record in total.
Multiples Alternate Asset Management has 5 MSME Form 1 returns on record between 2022 and 2023, listing 17 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Multiples Alternate Asset Management can be reached through the website multiplesequity.com. Its registered office is in Mumbai, Maharashtra, India.